As Israel’s war on Gaza continues into its second year, Turkey has intensified its public condemnation, with President Recep Tayyip Erdoğan accusing Israeli Prime Minister Benjamin Netanyahu’s government of committing genocide, while reports show that trade between the two countries remains active, though largely routed through third-party channels, including Palestine.
Economics
Bill Mitchell: My response to a German critic of Modern Monetary Theory – Part 2
Here the second part of Bill Mitchell’s Blog Read here
EU politics
Bloomberg: Spain´s notorious Supreme Court: Banks Win Mortgage Tax Reprieve
Thanks to the Catalan independence movement we are realising how politicised and reactionary Spain´s justice system is. Also see this Read here
Economics
Bill Mitchell: US labour market recovery leaves considerable slack and rising long-term unemployment
The US labour market is still 6,76 thousand jobs short from where it was at the end of February 2020, which helps to explain why there are no fundamental wage pressures emerging. Read here
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